Sharply calmer daily stock moves are causing investors to worry that the market is losing momentum
Daily stock moves have fallen sharply following last quarter’s volatility, stoking worries that the market is losing momentum after a shift by the Federal Reserve fueled the recent rally.
The S&P 500’s average daily move in February was 0.4%. That is after the benchmark equity gauge logged average daily swings of 0.9% or more in the prior four months, according to Dow Jones Market Data. In December, at the height of last quarter’s market turmoil, the index’s average move was 1.4%.
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